Some one was asking recently ... I've posted some of this advice here and in other forums, at times piecemeal, and finally decided to sit down and make one comprehensive guide (although not exhaustive) of my best advice so I can repost as needed. I am not professing to be an "expert" but my previous career used testing for promotion so I've done some study on the topic and was rather successful.

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1. The MBLEX Test is not "life and death". I have seen sooo many spin up their own anxiety going into the test they probably got their own name wrong. Treat the MBLEX as just another practice test to judge where you are in your studies. THE ONLY CONSEQUENCE FOR FAILING THE MBLEX is another testing fee and 30 days of targeted study after getting a legal peek at the test. Take the test as soon as you can, and as often as you need. Many study for weeks or months after eligible and probably would have passed the first time those weeks or months earlier. "If" you fail immediately schedule for the next available test and get busy.
2. Use the Pomodoro (timer) technique for studying. If you study until your eyes blur and you catch yourself having no clue what you read in the previous paragraph your brain probably checked out an hour or so before. Find your own sweet spot, but typically 30 to 45 minute session with strictly enforced breaks keep your mind fresh, and it craves continuity so when you come back it's rarin' and ready to go. When the timer goes off, don't finish the page, paragraph or even the sentence. Get up take 10 to 15 minutes and get the blood flowing, do something, might even take a power snooze. Then back to the books. Take at least one day a week of to totally unplug.
3. It's a day or two before your first (and hopefully only) testing date. It's time to take a field trip. Drive from your home to the testing center at the time of day that you are scheduled. Find the location, find the parking, find the door, find the room, even find the bathroom. They probably won't let you actually see the testing room, but sit in the waiting area for a couple of minutes and look around, own the place. There will be signage that will give you instruction, read it. All of these things will help you on the day of the test as each is one less thing that could potentially cause distraction and added anxiety.
4. Accept and be comfortable with the fact that you are NOT going to know all of the answers ... it's too big so no one does. This will keep you from vapor locking during the test. This is where testing strategy comes into play. The MBLEX is a standard multiple choice test with 4 choices of answer for each question. Obviously there is the "right" answer. Then there are two "throw away" answers that are pretty easy to parse out. Then there is the insidious "distractor" question, it will be wrong (or not as correct) but just close enough to the right answer that it can trip you up if you're not sure. **You may not know the answer, but the odds are better that you will be able to identify which of the four is NOT the answer. If you reverse the question and get rid of the two distractors then you have at least reduced your problem to an educated 50 / 50 guess.
5. Read each question twice, and make sure you know what it is asking. Many prefer to answer the question in their head, then verify that your answer is amongst the choices ... this keeps you from getting tripped up by the "distractor" choice. Make sure that you ONLY answer what the question is actually asking. This seems simplistic but there are often contributing factors with issues in the body that might well be part of the problem asked by the question like a synergist muscle, but the question isn't asking "that". Lastly ... DO NOT CHANGE AN ANSWER UNLESS YOU ARE 200% SURE YOU ARE WRONG. If you are hemming and hawing between two, go with your first gut response ... it was probably right before that insidious distractor worm got in your brain.
6. I was fortunate enough to pass my MBLEX the first time ... but ... I wasn't sure I passed, and actually was pretty sure I mucked it up, right up until they handed me the "Congratulations" paper. Answer each question as it's own thing. Don't keep track of where you are in the test, it doesn't matter because you can't go back and change answers anyway. Let the last question surprise you. You will probably think you've screwed it up half way through ... DON'T LET THAT WORM GET IN YOUR BRAIN. Again, answer each question as it's own problem, answer, then put it away and move to the next.
7. Some smaller suggestions. About an hour or so before the test go out and do a little cardio. Nothing crazy, maybe just enough to break a light sweat. This will physiologically burn off the jitters and all the adrenalin and cortisol your body is pumping out. A week and days before the test get full nights sleep and eat well. Your brain works better with both. DON'T STUDY THE NIGHT BEFORE OR THE DAY OF THE TEST. If you don't know it, cramming will only focus your brain on one thing.
8. Lastly and most importantly. See #1 Now go and pass your test.

I purposely didn't get into "what to study". I hope this will garner responses from other members with even more good advise.